United Wholesale Mortgage

UWM Holdings Corp. operates as a wholesale mortgage lender. It underwrites and provides closing documentation for residential mortgage loans originated by independent mortgage brokers, correspondents, small banks and local credit unions. The firm provides independent mortgage advisors with a set of technologically driven tools and a value proposition that enables them to offer borrowers that meet the credit rating standards compelling financing alternatives. The company was founded in 1986 and is headquartered in Pontiac, MI.

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UWMC posts record production in Q4 2022, eyes growth opportunities

UWM's Q4 performance reflects resilience and operational profitability despite reported losses, setting a strong foundation for future growth.
Strategic investments in technology, commitment to brokers, and prudent financial management underscore UWM's strengths and long-term vision.
Challenges in market dynamics and potential distractions aside, UWM's focus on growth opportunities and strategic planning bode well for its future success.

UWM reports robust Q1 performance, eyes growth amidst challenges

UWM's Q1 performance showcased strong production numbers and operational success, despite a net loss due to MSR markdown. The company remains committed to growth and supporting broker community success.
Challenges include maintaining gain on sale margin guidance amidst market dynamics and balancing financial metrics with operational achievements. Opportunities lie in continuous growth, product innovation, and market expansion.
With a focus on liquidity enhancement, strategic investments, and market opportunities, UWM aims to navigate challenges and capitalize on potential growth in the jumbo loan market.

United Wholesale Mortgage (UWMC) excels in Q2, poised for growth

United Wholesale Mortgage (UWMC) delivered strong financial results, showcased operational improvements, and emphasized preparedness for market challenges and opportunities. With a focus on broker channel growth, product innovation, and scalability, UWMC remains optimistic about future prospects.

United Wholesale Mortgage (UWMC) excels in Q3 amidst market challenges

United Wholesale Mortgage (UWMC) demonstrates resilience and strength in Q3, showcasing dominance in the purchase market and operational excellence. Despite challenges posed by market conditions, UWMC remains well-positioned for growth and profitability, with a focus on shareholder value creation.

UWM Holdings excels in Q4, eyes growth through technology and brokers

United Wholesale Mortgage (UWMC) had a robust Q4 2023, maintaining its leading position in the market. The company's strategic focus on the broker channel, technology investments, and commitment to growth bode well for future success.

United Wholesale Mortgage (UWMC) excels in Q1 2024, eyes growth

United Wholesale Mortgage (UWMC) reported a robust Q1 2024 performance, showcasing growth, profitability, and strategic market positioning. While facing challenges related to interest rates and industry dynamics, UWMC remains focused on leveraging opportunities for growth through technology, innovation, and strong partnerships with mortgage brokers.

United Wholesale Mortgage posts strong Q2 results, poised for growth

United Wholesale Mortgage (UWMC) demonstrated robust financial performance in Q2 2024, driven by increased production volume and operational efficiency enhancements.
The company's strategic focus on technology, margin stability, and industry dominance underpins its readiness for market opportunities and challenges.
UWMC's proactive approach to balancing growth, expense management, and seizing opportunities positions them well for sustained success and industry leadership.

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UWM Holdings Corp. is a wholesale mortgage lender, which underwrites and provides closing documentation for residential mortgage loans originated by independent mortgage brokers, correspondents, small banks and local credit unions. The firm provides independent mortgage advisors with a set of technologically driven tools and a value proposition that enables them to offer borrowers that meet the credit rating standards compelling financing alternatives. The company was founded in 1986 and is headquartered in Pontiac, MI.

The headline numbers for UWM (UWMC) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, UWM (UWMC) Q1 Earnings: A Look at Key Metrics

UWM Holdings Corporation (UWMC) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.04. This compares to loss of $0.07 per share a year ago.

UWM Holdings Corporation (UWMC) Reports Break-Even Earnings for Q1

PONTIAC, Mich.--(BUSINESS WIRE)-- #UWMC--UWM Holdings Corporation (NYSE: UWMC) (the "Company"), the publicly traded indirect parent of United Wholesale Mortgage (“UWM”), today announced its results for the first quarter ended March 31, 2024. Total loan origination volume for the first quarter 2024 was $27.6 billion, of which $22.1 billion was purchase volume. The Company reported 1Q24 net income of $180.5 million, inclusive of a $15.6 million decline in the fair value of MSRs, and diluted earnings per.

UWM Holdings Corporation Announces First Quarter 2024 Results

NEW YORK, NY / ACCESSWIRE / May 9, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of UWM Holdings Corporation ("UWM Holdings Corporation") (NYSE:UWMC) concerning possible violations of federal securities laws. Hunterbrook Media published a report on April 2, 2024, alleging, among other things, that UWM gets almost all its business "from brokers who sent UWM more than 99% of their business" rather than shopping mortgages to competing lenders, causing borrowers to pay UWM "between hundreds of millions and billions more in closing costs than people whose brokers found them typical loans.

UWMC STOCK ALERT: Levi & Korsinsky Notifies UWM Holdings Corporation Investors of an Ongoing Investigation

NEW YORK, NY / ACCESSWIRE / May 8, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of UWM Holdings Corporation ("UWM Holdings Corporation") (NYSE:UWMC) concerning possible violations of federal securities laws. Hunterbrook Media published a report on April 2, 2024, alleging, among other things, that UWM gets almost all its business "from brokers who sent UWM more than 99% of their business" rather than shopping mortgages to competing lenders, causing borrowers to pay UWM "between hundreds of millions and billions more in closing costs than people whose brokers found them typical loans.

UWM Holdings Corporation (UWMC) Investors with Losses are Urged to Contact Levi & Korsinsky to Discuss Their Rights

UWM (UWMC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

UWM Holdings Corporation (UWMC) Reports Next Week: Wall Street Expects Earnings Growth

PONTIAC, Mich.--(BUSINESS WIRE)-- #UWMC--UWM Holdings Corporation (NYSE:UWMC), the publicly traded indirect parent of United Wholesale Mortgage (UWM), the #1 overall mortgage lender, wholesale and purchase mortgage lender in the U.S., will announce its first quarter 2024 results on Thursday, May 9, 2024. A press release with financial highlights will be available on the company's investor relations website https://investors.uwm.com in the earnings release section. UWM will host a conference call for fi.

UWM Holdings Corporation Announces Q1 2024 Earnings Conference Call

NEW YORK, NY / ACCESSWIRE / April 22, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of UWM Holdings Corporation ("UWM Holdings Corporation") (NYSE:UWMC) concerning possible violations of federal securities laws. Hunterbrook Media published a report on April 2, 2024, alleging, among other things, that UWM gets almost all its business "from brokers who sent UWM more than 99% of their business" rather than shopping mortgages to competing lenders, causing borrowers to pay UWM "between hundreds of millions and billions more in closing costs than people whose brokers found them typical loans.

UWMC ACTIVE INVESTIGATION: Contact Levi & Korsinsky if you Lost Money on your UWM Holdings Corporation Investment

NEW YORK, NY / ACCESSWIRE / April 19, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of UWM Holdings Corporation ("UWM Holdings Corporation") (NYSE:UWMC) concerning possible violations of federal securities laws. Hunterbrook Media published a report on April 2, 2024, alleging, among other things, that UWM gets almost all its business "from brokers who sent UWM more than 99% of their business" rather than shopping mortgages to competing lenders, causing borrowers to pay UWM "between hundreds of millions and billions more in closing costs than people whose brokers found them typical loans.

UWMC ALERT- Levi & Korsinsky Has Commenced an Investigation on Behalf of UWM Holdings Corporation Shareholders Who Lost Money

NEW YORK, NY / ACCESSWIRE / April 17, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of UWM Holdings Corporation ("UWM Holdings Corporation") (NYSE:UWMC) concerning possible violations of federal securities laws. Hunterbrook Media published a report on April 2, 2024, alleging, among other things, that UWM gets almost all its business "from brokers who sent UWM more than 99% of their business" rather than shopping mortgages to competing lenders, causing borrowers to pay UWM "between hundreds of millions and billions more in closing costs than people whose brokers found them typical loans.

UWM Holdings Corporation Being Investigated on Behalf of UWM Holdings Corporation Investors. Contact Levi & Korsinsky For Details.

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of UWM Holdings Corporation (“UWM” or the “Company”) (NYSE: UWMC) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your UWM investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws,.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of UWM Holdings Corporation (UWMC) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of UWM Holdings Corporation (“UWM” or the “Company”) (NYSE: UWMC) investors concerning the Company's possible violations of federal securities laws. On April 2, 2024, Hunterbrook Media published a report alleging, among other things, that UWM gets almost all its business “from brokers who sent UWM more than 99% of their business” rather than shopping mortgages to competing lenders, causing borrow.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of UWM Holdings Corporation (UWMC) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of UWM Holdings Corporation (“UWM” or the “Company”) (NYSE: UWMC) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On April 2, 2024, Hunterbrook Media published a report alleging, among other things, that UWM gets almost all its business “from brokers who sent UWM more than 99% of their b.

The Law Offices of Frank R. Cruz Announces Investigation of UWM Holdings Corporation (UWMC) on Behalf of Investors

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UWM Holdings Corporation (UWMC) Q4 2023 Earnings Call Transcript

While the top- and bottom-line numbers for UWM Holdings Corporation (UWMC) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

UWM Holdings Corporation (UWMC) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

PONTIAC, Mich.--(BUSINESS WIRE)-- #UWMC--UWM Holdings Corporation (NYSE: UWMC) (the "Company"), the publicly traded indirect parent of United Wholesale Mortgage (“UWM”), today announced its results for the fourth quarter and full year ended December 31, 2023. Total loan origination volume for the fourth quarter 2023 was $24.4 billion, of which $20.7 billion was purchase volume. Total loan originations for full year 2023 were $108.3 billion, of which $93.9 billion was purchase volume. The Company report.

UWM Holdings Corporation Announces Fourth Quarter & Full Year 2023 Results

PONTIAC, Mich.--(BUSINESS WIRE)-- #UWMC--UWM Holdings Corporation (NYSE:UWMC), the publicly traded indirect parent of United Wholesale Mortgage (UWM), the #1 overall mortgage lender, wholesale and purchase mortgage lender in the U.S., will announce its fourth quarter 2023 and full year 2023 financial results on Wednesday, February 28, 2024. A press release with financial highlights will be available on the company's investor relations website https://investors.uwm.com in the earnings release section. U.

UWM Holdings Corporation Announces Q4 2023 and Full Year 2023 Earnings Conference Call

UWM Holdings doubled its share price in 2023 despite Federal Reserve rate hikes, driven by increased loan volumes and operational efficiency gains. The company dominated the industry with a $29.7 billion overall production and an increase of 97 basis points in total gain margin, showcasing resilience amid high interest rate environment. UWM is positioned better than it ever has been to take advantage of the refinance cycle in 2024 when rate cuts set in.

UWM Holdings: Poised For Continued Dominance In 2024 Despite Cyclical Economics

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UWM Holdings Corporation (NYSE:UWMC ) Q3 2023 Results Conference Call November 8, 2023 10:30 AM ET Company Participants Blake Kolo - Chief Business Officer & Head of Investor Relations Mathew Ishbia - Chairman, President & CEO Andrew Hubacker - Executive VP, Chief Accounting Officer & CFO Conference Call Participants Kyle Joseph - Jefferies Bose George - KBW Eric Hagen - BTIG Jeffrey Adelson - Morgan Stanley Kevin Barker - Piper Sandler Mikhail Goberman - JMP Securities Operator Good morning. My name is Rob, and I will be your conference operator today.

UWM Holdings Corporation (UWMC) Q3 2023 Earnings Call Transcript

The headline numbers for UWM Holdings Corporation (UWMC) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

UWM Holdings Corporation (UWMC) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

PONTIAC, Mich.--(BUSINESS WIRE)-- #UWMC--UWM Holdings Corporation (NYSE: UWMC) (the "Company"), the publicly traded indirect parent of United Wholesale Mortgage (“UWM”), today announced its results for the third quarter ended September 30, 2023. Total loan origination volume for the third quarter was $29.7 billion, of which $25.9 billion was purchase volume. The Company reported 3Q23 net income of $301.0 million, inclusive of a $92.9 million increase in fair value of MSRs, and diluted earnings per shar.

UWM Holdings Corporation Announces Third Quarter 2023 Results

PONTIAC, Mich.--(BUSINESS WIRE)-- #UWMC--UWM Holdings Corporation (NYSE:UWMC), the publicly traded indirect parent of United Wholesale Mortgage (UWM), #1 overall mortgage lender, wholesale and purchase mortgage lender in the U.S., will announce its third quarter 2023 financial results on Wednesday, November 8, 2023. A press release with financial highlights will be available on the company's investor relations website https://investors.uwm.com in the earnings release section. UWM will host a conference.

UWM Holdings Corporation Announces Q3 2023 Earnings Conference Call

United Wholesale Mortgage is the #1 direct and wholesale Mortgage Lender in the USA with a dominant market share. The company has shown impressive growth in market share, maintained control over its headcount, and increased profit margins. Numerous economic risks and a dividend dilemma are driving me to hold this stock, for now.

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